Fungus Festival Boosts Oaxaca’s Economy, Global Housing Crisis Hits Middle Class

The Festival Cultural del Hongo reactivates tourist influx and economy of Oaxaca. The global housing crisis suffocates the middle class worldwide. Stay informed about the positive impact of cultural festivals on local economies and the pressing issue of affordable housing on Simply Economics.

Sources:
https://sucedioenoaxaca.com/2024/09/14/festival-cultural-del-hongo-reactivo-afluencia-turistica-y-economia-de-oaxaca/
https://elpais.com/economia/2024-09-15/la-crisis-global-de-la-vivienda-ahoga-a-las-clases-medias.html

Outline:
(00:00:00) Introduction
(00:00:37) Fungus Cultural Festival reactivated tourist influx and economy of Oaxaca
(00:02:54) The global housing crisis drowns the middle classes